Alaska's National Petroleum Reserve is now open to more oil and gas leasing
What happened
The US Land Management Bureau has reversed a rule that limited oil and gas development in Alaska's National Petroleum Reserve. This means more land within the reserve can now be leased for drilling.
Why it matters
The previous rule, put in place just months ago, had restricted new oil and gas leasing across 13 million acres of the reserve. This new reversal opens up much of that land again. It signals a clear shift in federal policy towards expanding fossil fuel extraction in Alaska.
The signal
Watch for new lease sales in the National Petroleum Reserve in Alaska and the number of acres offered for drilling.